by AIP Online Bureau | Nov 20, 2019 | Eco/Invest/Demography, Indian News
New Delhi: In the biggest privatisation drive ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, shipping firm SCI and onland cargo mover Concor, as well as decided to cut shareholding in select public...
by AIP Online Bureau | Nov 20, 2019 | Eco/Invest/Demography, Indian News, Risk Management
BENGALURU: Fears of geopolitical instability may impact the global offshore services market, as sourcing, procurement and vendor management executives review their options to mitigate risk, according to Gartner, Inc. The offshore outsourcing market has...
by AIP Online Bureau | Nov 20, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology
New Delhi: The government has no proposal for linking Aadhaar with social media accounts of individuals, Parliament was informed on Wednesday. "There is no such proposal with the government for linking Aadhaar with social media accounts of...
by AIP Online Bureau | Nov 19, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
Hyderabad: The insurance regulator IRDAI on Tuesday has enlarged the class of business or line of business (LoB),like claims under insurance policies including travel and personal accident covers and claims under Aviation Hull...
by AIP Online Bureau | Nov 19, 2019 | Indian News, Non-Life, Risk Management
NEW YORK: US based “The Risk and Insurance Management Society, Inc (RIMS)'' announced the appointment of N.K.V. Roop Kumar,EVP & Chief of Risk, Info & Cyber Security Management of SBI Life Insurance Company, as chair of RIMS Regional...
by AIP Online Bureau | Nov 19, 2019 | Uncategorized
KOLKATA: Aditya Birla Health Insurance, a part of Aditya Birla Capital, is expecting to grow its business by 80 per cent during the current financial year, a company official said on Tuesday. In the first half of this fiscal, the company's business...
by AIP Online Bureau | Nov 19, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: The Finance Commission has told the power ministry that its proposal to award utilities Rs 835 billion ($11.6 billion) in incentives to install equipment to curb emissions is "unviable," a senior official at the ministry told Reuters...
by AIP Online Bureau | Nov 19, 2019 | Uncategorized
Mumbai: The Reserve Bank employees unions on Tuesday urged the government to hike the insurance cover on bank deposits from the present Rs 1 lakh to Rs 10 lakh. The demand for increasing bank deposit insurance cover, which was last revised in May 1993, has come...
by AIP Online Bureau | Nov 19, 2019 | Eco/Invest/Demography, Indian News, Risk Management
Mumbai: The employment growth in the country has slowed down in the last two years, to 3.9 per cent in 2017-18 and 2.8 per cent in 2018-19 as the core industries have witnessed virtually, a negative growth in hiring, according to a study. "In terms...
by AIP Online Bureau | Nov 19, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life
New Delhi: India's state-run banks reported fraud worth Rs 95,760 crore ($13.34 billion) in the first six months of the fiscal year 2019/20 ending in March, finance minister told lawmakers on Tuesday. The number of fraud cases touched 5,743 during...
